$895,000
1± Acres
Available
Kenai Peninsula Borough, Alaska

Alaska Restaurant / Bar Business

ID: 50765
Status: Available
Price: $895,000
Acres: 1
Type: Commercial, Business Opportunity, Residential Property
Address: 111 Kenai Peninsula
City, State: Nikiski, Alaska
County: Kenai Peninsula
Zip Code: 99611

Description

 

Confidential Alaska Business Opportunity | Kenai Peninsula | High Revenue Hospitality, Event Venue & Investment Property Near Nikiski Growth Corridor

Rare opportunity to acquire a highly successful and long-established Alaska business for sale located on the Kenai Peninsula, strategically positioned to benefit from the significant economic expansion and workforce growth driven by the Nikiski LNG development corridor.

This confidential offering represents a multi-million dollar revenue hospitality and event-driven business with decades of proven performance. The operation includes multiple revenue streams, on-site living accommodations, and large-scale event capacity, creating a unique opportunity for buyers seeking an Alaska real estate investment, business opportunity, or turnkey lifestyle venture.

Due to the confidential nature of this offering, specific identifying details including name and exact location are withheld and will be released only to qualified buyers upon completion of a Non Disclosure Agreement.


Investment Highlights

- Established, high-volume Alaska business with over 50 years of operating history
- Proven multi-million dollar revenue hospitality operation
- Located on the Kenai Peninsula near major economic growth corridor
- Positioned to benefit from Nikiski LNG workforce expansion and population growth
- Includes valuable full dispensary liquor license
- Multiple revenue streams including dining, events, and private functions
- Turnkey operation with established systems and infrastructure
- Strong repeat customer base and regional recognition


Event Venue & Hospitality Capacity

This property stands out as a full-scale hospitality and event destination, offering significant upside through private and large-scale events

- Large banquet hall for weddings, corporate events, and private gatherings
- Secondary event room for additional functions and flexible use
- Full kitchen supporting high-volume service and catering operations
- Bar and multiple dining areas creating diverse guest experiences
- Ideal for expanding into weddings, retreats, corporate functions, and seasonal events

The event component alone creates a major opportunity to increase revenue and position the business as a destination venue in Alaska.


Culinary & Restaurant Opportunity

Ideal for chefs, restaurateurs, and hospitality operators seeking a restaurant business for sale in Alaska with built-in scale

- Established food service operation with dine-in and takeout capability
- Multiple dining areas allowing for varied guest experiences
- Scalable concept for lunch, dinner, and specialty menus
- Opportunity to elevate branding into a destination dining experience
- Strong appeal for buyers from culinary schools or restaurant groups


Live Work Lifestyle Opportunity

A rare feature of this offering is the inclusion of three separate on-site living quarters, providing flexibility for

- Owner operators or management teams
- Family run business operations
- Staff housing or additional rental income
- Buyers relocating from the Lower 48 seeking a combined business and lifestyle

This creates a true live and work in Alaska opportunity with reduced overhead and operational efficiency.


Growth & Expansion Potential

Significant upside exists through

- Increased demand from LNG related workforce and regional growth
- Expansion of event bookings including weddings and corporate functions
- Extended hours, seasonal offerings, and catering services
- Enhanced marketing and digital presence
- Leveraging location within a rapidly expanding economic region

This positions the business as a strong long-term Alaska investment opportunity with scalable revenue.


Alaska Real Estate & Business Appeal

This opportunity is designed to attract buyers searching for

- Alaska real estate for sale
- Alaska business for sale
- Restaurant for sale Alaska
- Event venue for sale Alaska
- Hospitality business Alaska
- Investment property Alaska
- Kenai Peninsula business opportunity
- Live and work in Alaska
- 1031 exchange investment property


Confidentiality & Buyer Requirements

This is a strictly confidential offering

- Detailed information available only to qualified buyers
- Non Disclosure Agreement required prior to release of location and financials
- Buyers must be pre qualified before receiving additional materials
- Location and branding intentionally withheld


Summary

This is a rare opportunity to acquire a long-standing, high-revenue Alaska hospitality and event business positioned in the path of major economic expansion. With multiple income streams, event venue capacity, on-site living accommodations, and strong regional demand, this offering represents a compelling combination of business ownership, real estate value, and lifestyle opportunity.

Contact Thomas M Lucas III 907-521-5511

 

HUGH GROWTH TAKE ADVANTAGE OF THE NEW LNG FACILITY COMMING SOON  NIKISKI ALASKA  50+ YEAR FAMILY RESTAURNT & BAR FOR SALE.  No real estate at this price but owner will offer a very competitive lease with option to purchase.  This Multi- Million dollar revenue LANDMARK business has everything, including (3)  separate self contained apartments.  PERFECT FOR A FAMILY TO TAKE OVER AND LIVE ON SITE.   Upscale Lunch & Dinner with take out & PIZZA MENUE!   Price includes a full dispensary liquor license valued at $250,000

Local financing available to qualified buyer but will need a sizable down.   NOTE:  location is not accurate and is not disclosed however it is located on the Kenai Peninsula Alaska in close proximity to take advantage of the massive growth in workforce and population created by LPG project in Nikiski.   Prospective buyers must submit a completed NDA if interested in any details about this great opportunity.  Contact THOMAS M LUCAS III direct 907-521-5511 

NOTE:  Business & Real Estate combined price is $3,000,000  

Additional Details

Home Details

Sq Ft: 16000
Beds: 7
Full Baths: 4

Maps

Ask Tom About This Property

  • This field is for validation purposes and should be left unchanged.

Nearby Properties Around Kenai Peninsula Borough

New Listing
Kenai Peninsula Borough, AK
BIG LOT! View of mountains and Cook inlet in Nikiski. Large property in an upscale neighborhood. Borough maintained gravel road. Power and gas run along Tordrillo Ln. Park and walk the property to see the sights! There is an existing path/dirt road t...
2.23± Acres
|
$60,000
.95 acres VIEW of mountains and Cook inlet in an upscale neighborhood
New Listing
Kenai Peninsula Borough, AK
 VIEW of mountains and Cook inlet in Nikiski. .95 acres in an upscale neighborhood. Borough maintained gravel road. Power and gas run along Tordrillo Ln. Park and walk the property to see the sights! There is an existing path/dirt road that runs...
0.95± Acres
|
$32,000
New Listing
Kenai Peninsula Borough, AK
Outstanding 2.62 acre VIEW LOT of mountains and inlet in Nikiski. Large property in a upper end neighborhood. Borough maintained gravel road. Power and gas run along Tordrillo Ln. Drive by and walk the property! There is an existing path/dirt road th...
2.62± Acres
|
$55,000

More Properties from Tom Lucas Sr

New Listing
North Slope Borough, AK
Discover the King Eider Inn — Alaska’s Most Iconic Arctic Lodging Experience in Barrow Step into a rare opportunity to own a 19 room thriving, turnkey lodging/hotel business in the northernmost town in North America. The King Eide Discover ...
0.51± Acres
|
$4,000,000
Kenai Peninsula Restaurant
Kenai Peninsula Borough, AK
HUGE GROWTH OPPORTUNITY NEW LIQUID NATAURAL GAS FACILTITY COMING TO NIKISKI ALASKA.  FOR SALE THIS LANDMARK  Family Restaurant & Separate Bar.  This restaurant is a favorite of locals throughout the year and also has a tremendous i...
1.17± Acres
|
$3,000,000
5 STAR Exclusive OCEAN / BEACH-FRONT B&B Lodge – Luxury Retreat
New Listing
Kenai Peninsula Borough, AK
5 STAR Exclusive Coastal B&B Lodge – Luxury Wilderness Retreat with BEACH-FRONT Presenting a rare opportunity to own a premier beachfront lodge on the Kenai Peninsula in one of Alaska’s most awe-inspiring natural settings. This e...
0.57± Acres
|
$2,900,000